Lavras Gold Corp (LGC) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 41.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.49
• Revenue Growth: N/A
• EPS Growth: -14.71%
• Country: CA
• Employees: 23
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 58,819,633
• 10 Day Avg. Volume: 37,370
• 30 Day Avg. Volume: 41,092
• PEG Ratio: -0.59
• Price to Book (P/B): 4.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -12.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.08
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: C$3.00 ▲(19.05% Upside)

Score is held back primarily by weak fundamentals: no revenue, widening losses, and significant negative free cash flow. Support comes from a conservatively levered balance sheet and moderately positive technical trend signals, while valuation remains challenged due to negative earnings; corporate updates are constructive but still early-stage.

Positive Factors

Conservative balance sheet / very low leverage

Very low debt and a larger equity base provide structural financial flexibility for an exploration company. This conservatively levered position reduces near-term refinancing pressure and gives a durable capital cushion to fund drilling and studies, lowering solvency risk over months.

Defined advancement plan for LDS project

A planned, large-scale 20,000m drill program and explicit PEA/EIA timing represent a structural shift from early scouting to systematic resource delineation and economic study. That execution focus increases asset optionality for joint ventures, permitting or development over the medium term.

Focused exploration business model and asset concentration

A concentrated, project-focused exploration model enables efficient allocation of technical resources and consistent progress on a single asset. Over 2–6 months this supports clearer milestone delivery (drilling, studies) and makes partnership or monetization discussions more likely once results mature.

Negative Factors

Pre-revenue with widening net losses

The company generates no operating revenue and reported materially wider net losses, meaning operating performance depends entirely on capital injections. Persistent losses are a structural constraint that increase reliance on external funding and raise dilution or execution risk absent resource commercialization.

Deepening negative free cash flow and cash burn

Worsening free cash flow over multiple years signals growing financing needs and reduces runway. For an exploration firm, escalating cash burn structurally increases the probability of dilutive equity raises or the need for joint-venture funding before a project reaches economic studies or production.

Negative returns on equity; reliance on equity financing

Negative ROE indicates shareholder capital is being consumed rather than generating returns. Coupled with an exploration-stage funding model reliant on equity, this creates a durable dilution and financing risk profile until resources are defined, permitted, or partnered to provide non-dilutive capital.

Lavras Gold Corp Business Overview & Revenue Model

Company Description

Lavras Gold Corp (LGC) is a mining company focused on the exploration and development of gold properties. The company operates in the mining sector, primarily engaged in the identification, acquisition, and advancement of gold mining projects. Its core activities involve the exploration of potential gold deposits, assessment of their economic viability, and eventual development into operational mining sites.

How the Company Makes Money

Lavras Gold Corp makes money through the exploration and eventual extraction and sale of gold from its mining properties. The company's revenue model is primarily based on discovering economically viable gold deposits that can be developed into productive mining operations. Once a mining site is operational, LGC generates revenue from the sale of extracted gold in the commodities market. Additionally, the company may engage in strategic partnerships and joint ventures with other mining firms to leverage expertise, share financial risk, and expedite project development, contributing to its earnings.

Lavras Gold Corp Financial Statement Overview

Summary

Pre-revenue with widening losses (TTM net income about -$4.1M) and sustained cash burn (TTM free cash flow about -$10.5M). The main offset is a strong, low-debt balance sheet (very low debt-to-equity and higher equity base), which reduces near-term solvency risk but does not solve the underlying funding/cash-consumption profile.

Income Statement

The company reports no revenue across the annual periods and in TTM (Trailing-Twelve-Months), which makes profitability entirely dependent on spending levels rather than operating leverage. Losses have widened meaningfully versus 2022–2023, with TTM net income at about -$4.1M (vs. -$2.0M in 2023 and -$1.9M in 2022), indicating increasing cost intensity. A modest positive is that losses remain small relative to the equity base, but the overall earnings profile is weak and deteriorating.

Balance Sheet

The balance sheet is conservatively levered, with very low debt relative to equity (TTM debt-to-equity ~0.004; annual levels also near-zero to ~0.02), which reduces financial risk and refinancing pressure. Equity has increased to ~$36.7M in TTM (from ~$24.7M in 2024), providing a stronger capital cushion. The key weakness is persistently negative returns on equity (TTM roughly -12%), reflecting continued losses despite the strong capitalization.

Cash Flow

Cash generation is weak, with operating cash flow negative in recent periods (TTM about -$2.8M; 2024 about -$2.1M), consistent with a pre-revenue, cash-consuming profile. Free cash flow is deeply negative and worsening in TTM (about -$10.5M vs. -$9.3M in 2024 and -$7.1M in 2023), suggesting higher investment/spend levels. While the relationship between free cash flow and net income indicates losses are largely cash-funded rather than accounting-driven, the magnitude of cash burn remains the central concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-35.85K	-33.02K	-32.17K	-24.13K	0.00	0.00
EBITDA	-4.04M	-3.97M	-1.92M	-1.86M	0.00	0.00
Net Income	-4.12M	-3.67M	-2.04M	-1.93M	-201.15K	-56.23K
Balance Sheet
Total Assets	38.29M	25.94M	27.53M	15.89M	20.98M	17.58M
Cash, Cash Equivalents and Short-Term Investments	7.55M	1.65M	11.05M	4.79M	995.98K	334.63K
Total Debt	133.41K	163.08K	203.81K	310.66K	0.00	0.00
Total Liabilities	1.55M	1.27M	773.91K	890.41K	89.56K	108.20K
Stockholders Equity	36.74M	24.67M	26.75M	15.00M	20.89M	17.47M
Cash Flow
Free Cash Flow	-10.54M	-9.33M	-7.08M	-5.23M	-2.96K	-1.12K
Operating Cash Flow	-2.79M	-2.14M	-1.73M	-1.30M	-235.00	-37.00
Investing Cash Flow	-7.76M	-7.19M	-5.35M	6.16M	-2.73K	-1.09K
Financing Cash Flow	13.89M	-69.66K	13.34M	-71.60K	3.62K	1.35K

Lavras Gold Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.52
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LGC, the sentiment is Negative. The current price of 2.52 is below the 20-day moving average (MA) of 3.52, below the 50-day MA of 3.39, and below the 200-day MA of 2.56, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 35.49 is Neutral, neither overbought nor oversold. The STOCH value of 31.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LGC.

Lavras Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
LGC	52 Neutral	―	-40.38	-13.29%	―	―	-14.71%
WINS	49 Neutral	C$6.86M	-2.56	-107.25%	―	―	―
KGC	44 Neutral	C$4.32M	-9.30	-22.19%	―	―	-4.55%
NUG	41 Neutral	C$1.24M	-3.66	-88.34%	―	―	99.38%
ELEM	41 Neutral	C$5.18M	-0.18	-262.52%	―	―	75.05%
LP	34 Underperform	C$1.24M	-0.58	―	―	―	―

Lavras Gold Corp Corporate Events

Lavras Gold Raises C$10 Million in Bought-Deal Financing to Advance Brazilian Gold Project

Lavras Gold Corp. has closed a C$10 million bought-deal public offering, issuing 2,942,000 common shares at C$3.40 each through a syndicate of underwriters led by Canaccord Genuity and Paradigm Capital, with the shares sold via Canadian prospectus, U.S. private placement, and offshore channels. The company plans to deploy the net proceeds toward project development, exploration, resource drilling and general corporate purposes at its Brazilian gold assets, bolstering its funding position, while noting that a small insider participation rendered the financing a related-party transaction under Canadian securities rules, though exempt from formal valuation and minority approval requirements.

The most recent analyst rating on (TSE:LGC) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on Lavras Gold Corp stock, see the TSE:LGC Stock Forecast page.

Lavras Gold Extends Broad Gold Zones at Fazenda/Butiá Project in Brazil

Lavras Gold Corp. reported new assay results from 13 recently completed diamond drill holes at the Butiá Gold Deposit and the adjoining Fazenda do Posto Gold Discovery in southern Brazil, highlighting broad, continuous zones of gold mineralization with notable high‑grade intervals, including 190 metres at 1.01 g/t gold from surface at hole 25BT068 and 21 metres at 3.12 g/t gold at hole 25BT063. The company has completed 50 diamond drill holes totaling 16,714 metres at the Fazenda/Butiá Project so far in 2025 and outlined a 20,000‑metre drilling program for 2026, using a mix of infill, step‑out, and geological drilling to improve resource classification, extend mineralization, refine geological and metallurgical models, and position the project for an eventual development decision while testing district‑scale potential.

The most recent analyst rating on (TSE:LGC) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Lavras Gold Corp stock, see the TSE:LGC Stock Forecast page.

Lavras Gold Corp. Advances LDS Project with Strategic Restructuring and New Investor Relations Partnership

Lavras Gold Corp. has announced a strategic restructuring of its Brazilian team to enhance exploration and development efforts at its LDS Project in Brazil. The company plans to conduct 20,000 meters of diamond drilling in 2026 and aims to complete a Preliminary Economic Assessment and Environmental Impact Assessment by August 2026. Additionally, Lavras Gold has engaged Target IR & Communications for investor relations services following the resignation of its former Vice President of Investor Relations.